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Real Estate
Nearly $80 Million Secured to Develop 251 Units of Housing in Kearny Mesa
Construction financing has been obtained to develop a mid-rise multi-family complex, Ion Convoy, in Kearny Mesa, according to a real estate brokerage. Bill Chiles, Scott Peterson and Morgon Fraser with CBRE Capital Markets’ Debt and Structured Finance team in San Diego secured the three-year term, $78.5 million senior construction and mezzanine loan for the San Diego-based real estate development firm AAA Management.
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